Insurance
Name of the Recruiting Body :LIC
Type of Services :Apprentice Development Officer (ADO)
LIC ADO 2020 Salary
- Basic The LIC Salary according to LIC ADO 2019 official notification is given below :
- During the apprentice period, the candidate selected as Apprentice Development Officer will be paid a fixed amount as stipend per month as per rules of the Corporation. At present the amount of stipend is about 34,503/- per month, except in case of candidates selected from LIC Employees category.
- On appointment as a Probationary Development Officer, basic pay of ₹21,865/- per month (except for Employee Category candidates) in the scale of 21865-1340(2)-24545-1580(2)-27705-1610(17)-55075. Total emoluments at the minimum of the scale, will be approximately ₹37,345/- in ‘A’ Class City.
LIC ADO 2020 Eligibility Criteria and Experience :
- The basic prerequisite to appear for LIC ADO generally remains same. Here is the eligibility criteria in the form of educational qualification & age limit according to LIC ADO 2019 notification.
- Essential Academic Qualifications: (As on 31.08.2019)
For Employees category and Agents category in both Urban and Rural area –
● Applicant shall possess the Bachelor’s Degree of a University in India established under a statute or approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai. ● An applicant from Others category for recruitment as an Apprentice Development Officer in both Urban and Rural area shall possess the Bachelor’s Degree of a University in India established under a statute or approved for the purpose or the Fellowship of Insurance Institute of India, Mumbai.
Age Relaxation(As on 01.04.2019)
Not below 21 years and not above 30 years as on 01.05.2019 i.e candidates must have been born not earlier than 02.05.1989 and not later than 01.05.1998 (both days inclusive).
Work Experience Required
| Category of Applicant | For Recruitment in Urban Area | For Recruitment in Rural Area |
|---|---|---|
| Employee Category | Not less than 3 years of service after confirmation in Class III post | |
| Agents Category | Not less than 5 years as an agent or other than agent (such as DSE/FSE) and has brought a net First Year Premium Income of not less than ₹5,00,000/- during the immediately preceding 5 financial years and a net First Year Premium Income of not less than ₹1,00,000/- on 50 lives in each of any 3 of these financial years. | Not less than 4 years as an agent or other than agent(such as DSE/FSE) and has brought a net First Year Premium Income of not less than ₹1,00,000/- on 50 lives per year in any 3 of the immediately preceding 4 financial years |
| Other | Preference would be given to candidates who have at least 2 years experience in life insurance industry. | |
LIC ADO Exam Dates 2020 :
The complete schedule of LIC ADO will be updated once the LIC ADO notification 2020 is released on the official website. Get complete schedule in the form of online registration date, last date to apply online, preliminary & mains exam date etc.
| S. No. | Acitivity | Date |
|---|---|---|
| 1 | On-line registration Dates | To be Updated Soon |
| 2 | Last Date of Application Fees/Intimation Charges | To be Updated Soon |
| 3 | Download of call letters for online Preliminary Examinationd | To be Updated Soon |
| 4 | Conduct of Online Examination – Preliminary | To be Updated Soon |
| 5 | Download of Call letter for Online Main Exam | Will be informed later |
LIC ADO Apply Online 2020 :
The direct link to apply online for LIC ADO will be updated once the apply online link is activated on the official website of Life Insurance Corporation of India. Candidates can apply only for one Division/zone
LIC ADO Vacancies 2020 :
The LIC ADO vacancies 2020 will be updated once the official notification is released. In 2019, the number of vacancies is 8581 (approx) for ADO in LIC spread across 8 zones within the country. Zone wise vacancies are as follow.
● Northern Zonal Office, New Delhi – 1130 ● Southern Zonal Office, Chennai – 1257 ● Eastern Zonal Office, Kolkata – 922 ● Western Zonal Office, Mumbai – 1753 ● Central Zonal Office, Bhopal – 525 ● East Central Zonal Office, Patna – 701 ● North Central Zonal Office, Kanpur – 1042 ● South Central Zonal Office, Hyderabad – 1251
LEVEL OF EXAMS :
LIC ADO 2019 Selection Procedure :
The selection process/exam pattern for LIC ADO is different for all the 3 streams.
1. Online Test for Open Market Category
Phase-I: Preliminary Examination :
Preliminary Examination consisting of Objective Tests for 100 marks is conducted online. This test is of 1-hour duration consisting of 3 Sections (with separate timings for each section) as follows :
| Section | Name of the tests | Number of Qns. | Mxm. Marks | Medium of Exam | Duration |
|---|---|---|---|---|---|
| 1 | Reasoning Ability | 35 | 35 | English & Hindi | 20 minutes |
| 2 | Quantitative Aptitude | 35 | 35 | English & Hindi | 20 minutes |
| 3 | English Language | 30 | 30** | English | 20 minutes |
| Total | 100 | 1 hour |
** English Language test will be of qualifying nature and the marks in English Language will not be counted for ranking.
Candidates equal to 20 times of number of vacancies in each category, subject to availability, will be shortlisted for Main examination.
Phase-II – Mains Examination
- Mains examination consists of Objective Tests for 150 marks. Composite time of 120 minutes.
| Section | Name of the tests | Number of Qns. | Max. Marks | Medium of Exam | Duration |
|---|---|---|---|---|---|
| 1 | Reasoning Ability & Numerical Ability | 50 | 50 | English & Hindi | Composite Time of 120 Minutes |
| 2 | General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary | 50 | 50 | ||
| 3 | Insurance and Financial Marketing Awareness with special emphasis on knowledge of Life Insurance and Financial Sector | 50 | 50 | English | |
| Total | 150 | 150 |
- Selection of Apprentice Development Officer from Agents & Employee Category will be done through single phase examination i.e. Main Examination.
- LIC ADO Main Exam objective test will be conducted online. Main examination will consist of objective tests for 150 marks.
2. For Agents Category
- Selection of Apprentice Development Officer from Agent Category will be done through, single phase examination i.e. Mains Examination.
| Section | Name of the tests | Number of Qns. | Max. Marks | Medium of Exam | Duration |
|---|---|---|---|---|---|
| 1 | Reasoning Ability & Numerical Ability | 25 | 10 | English & Hindi | Composite Time of 120 Minutes |
| 2 | General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary | 25 | 15 | ||
| 3 | Elements of Insurance and Marketing of Insurance | 50 | 125 | English | |
| Total | 100 | 150 |
3.For Employee Category
- Selection of Apprentice Development Officer from Employee Category will be done through single phase examination i.e. Mains Examination.
| Section | Name of the tests | Number of Qns. | Max. Marks | Medium of Exam | Duration |
|---|---|---|---|---|---|
| 1 | Reasoning Ability & Numerical Ability | 25 | 25 | English & Hindi | Composite Time of 120 Minutes |
| 2 | General Knowledge, Current Affairs and English Language with Special Emphasis on Grammar and vocabulary | 25 | 25 | ||
| 3 | Practice and Principle of Insurance Marketinge | 50 | 100 | English | |
| Total | 100 | 150 |
Note : Candidates must obtain minimum qualifying marks in each section separately and should also obtain minimum marks in the aggregate to qualify the examinations (Preliminary and Mains) and an interview.
LIC ADO 2019 Syllabus :
Syllabus for LIC ADO 2019 Prelims Exam :
| Reasoning Ability | Puzzles Seating Arrangements Direction Sense, Blood Relation Syllogism Order and Ranking Coding-Decoding Machine Input-Output Inequalities Alpha-Numeric-Symbol Series Data Sufficiency |
|---|---|
| Quantitative Aptitude | Data Interpretation (Bar Graph, Line Chart, Tabular, Caselet, Pie Chart) Inequalities (Quadratic Equations) Number Series Approximation and Simplification Data Sufficiency Miscellaneous Arithmetic Problems (HCF and LCM) Profit and Loss SI & CI Problem on Ages Work and Time Speed Distance and Time Probability Mensuration Permutation and Combination Average Ratio and Proportion Partnership Problems on Boats and Stream Problems on Trains |
| English Language | Reading Comprehension Cloze Test Fillers Sentence Errors Vocabulary based questions Sentence Improvement Jumbled Paragraph Word Usage Phrase/Connectors Paragraph related question (Para connectors, para completion, para restatement, paragraph inference, para fillers). |
Syllabus for LIC ADO 2019 Mains Exam :
| Reasoning |
Puzzle Direction sense Syllogism Sitting Arrangement Input-Output Blood Relation Data Sufficiency Coding-Decoding Inequalities Logical Reasoning (Passage Inference, Statement and Assumption, Statement & Conclusion, Argument, and Cause & Effect) |
|---|---|
| Quantitative Aptitude |
Simplification & Approximation Number Series Inequality (Quadratic & Quantity based) Ratio & Proportion Partnership Percentage Mixtures & Allegations Average & Ages Time & Work Pipe & Cistern Simple Interest & Compound Interest Time & Distance Boat & Stream Permutation Combination & Probability Mensuration (2D & 3D) Data Interpretation (Bar, line, pie, mixed, missing, arithmetic, caselet), Data Sufficiency. |
| Financial Awareness |
Indian Financial Market Capital markets and the government Money Market Stock markets and bond markets The role of money markets in the financial system Derivatives markets and private investing The study of the foreign exchange interbank market Primary markets and secondary markets Mutual Funds Insurance Industry Regulatory Agencies Special Statutes for Certain Financial Intermediaries Establishment of FSDC Financial Stability and Development Council International Financial Organization |
| Insurance Master Awareness |
Introduction of Insurance History of Life Insurance History of General Insurance Know About IRDAI Types of Insurance, : Indian Insurance Market, ULIP (Unit Linked Insurance Plan), Public Sector Insurance Companies, Private Sector Insurance Companies, Glossary of Insurance Terms, Abbreviations related to Insurance Industry, Employment State Insurance Scheme (ESIS), Schemes Related to Insurance (PMFBY, PMJJBY, PMSBY etc.) Other Important Topics Related to Insurance Awareness Insurance Current Affairs Insurance Ombudsman Bank assurance Current insurance schemes. |
LIC ADO Result 2021
The LIC ADO result 2020 will be released zone-wise & separately for all the stages i.e. preliminary exam, mains followed by Interview. The result will be updated here once it is released on the official website of Life Insurance Corporation of India.
BANKING CLASSROOM PROGRAMS :
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Total Classes -62
-
Total Duration-124 hours.
-
Total Mock Test-40 sets (Both Online & Offline)
-
Total Course Duration-3 months
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Total Discussion Class-5
| S. No. | Batch | Duration | Timing |
|---|---|---|---|
| 1. | Regular Batch (Monday – Friday) | 3 months | 7.00 a.m. to 9.00 a.m |
| 10.00 a.m. to 12.00 p.m. | |||
| 6.00 p.m. to 8.00 p.m. | |||
| 2. | Weekend Batch (Sunday Only) | 4 months | 10.00 a.m. to 2.00 p.m. |
INTERVIEW PROGRAMME
Interview Class for Banking :
In 3 days intensive classroom training programme by banking specialist.
Mock Interview conducted by senior PSO Bankers/ Government officials.
Banking & Current Affairs recap.
CONTACT
| Class Room | Admission Office |
|---|---|
| Plot No.1742, 1st Floor, 18th Main Road, Anna Nagar Chennai – 600 040 Contact No. 044 - 45543082 | Shankar IAS Academy Door No 18, Old Plot No 109, New Plot No 259, AL Block, 4th Avenue, Shanthi Colony, Anna Nagar, Chennai ‐ 600040. |
Branch Office
| Adyar-Chennai | Madurai | Trichy | Salem |
|---|---|---|---|
| No-2/23, 3rd Cross Street, Padmanabhanagar, Opposite to Sishya School, Adyar Chennai – 600 020, Tamilnadu 044 - 24 418886 | Plot no:409/B, Mall Super Market, Second floor, Church Road, Anna Nagar, Sathamangalam, Madurai- 625020. Mobile : 97896 22555 [land mark: Suguna Bus Stand, Second left] | N.R.Towers A9( N), Salai Road, Thillai Nagar, Trichy – 620018 Contact : 0431-4976911 | 97896 64555 Land Mark – LIC -Rock fort branch building | No. 207/5 United Arcade, Kauveri Avenue, State Bank Colony, Junction Main Road, Salem – 636 004. Tamil Nadu. Contact : 0427-2441961 | 89400 80039 |
